Mumbai, Jan. 27 -- Revenue from operations declined 26.8% year-on-year to Rs 51.72 crore in Q3 FY26.

Profit before tax (PBT) stood at Rs 5.82 crore in Q3 FY26, down 79.6% compared with the Rs 28.49 crore reported in Q3 FY25.

Total expenses increased 8.43% YoY to Rs 46.31 crore in Q3 FY26. The cost of material consumed stood at Rs 23.38 crore (down 17.91% YoY), and employee benefit expense stood at Rs 13.50 crore (down 4.05% YoY) during the period under review.

On a segmental revenue basis, revenue from communications and signal processing products stood at Rs 51.66 crore, registering a year-on-year decline of 27.17%. Revenue from the healthcare segment was Rs 0.47 crore, reflecting an 80.77% YoY jump during the quarter.

Avantel is eng...